Bancolombia sets up $1.5 billion global short-term note program

By Marisa Wong

Morgantown, W.Va., Sept. 27 – Bancolombia SA announced that its board of directors authorized on Monday a $1.5 billion global program for the issuance of short-term notes.

The notes will have maturities of up to three years.

Proceeds from the offshore Regulation S notes will be used in the ordinary course of business, the Medellin, Colombia-based bank said.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.